Manifold comes third on list of CEO income in leading FTSE companies

ALBERT Manifold, who leads Irish building material giant CRH, has ranked third in a list of the top FTSE 100 companies with the highest CEO pay.

According to a new report from the High Pay Centre, Mr Manifold, who has led the group since 2014, received €12.16m last year as chief executive pay soared.

Irish businessman Bernard Looney, who leads oil company BP, placed fourth in the list last year, receiving a salary of €11.75m.

He received the highest absolute increase in CEO pay last year, according to the report. His salary rose by £5.57m in 2022.

AstraZeneca boss Pascal Soriot was the highest paid chief executive among FTSE 100 leaders, receiving £15.32m in 2022.

He was followed by BAE Systems boss Charles Woodburn, whose salary was £10.69m last year.

The annual report from the High Pay Centre revealed that the median FTSE 100 chief executive pay rose from £3.38m in 2021 to £3.91m last year.

This is the highest level of median pay since 2017.

It is also 118 times the median earnings of a full-time worker in the UK last year, compared with 108 times in 2021.

Around 96 per cent of the companies that featured in the report also paid their leader a bonus, up from 87 per cent the year prior. The average bonus was down slightly from £1.43m to £1.41m.

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